# How fast is the market growing—and does that mean more new implementations?

**Published forecasts point to growth, but they do not establish a common US enterprise software growth rate.** Verdantix’s software forecast and the two US eGRC forecasts cover different markets and periods. They are expectations, not observed 2026 growth. ([verdantix.com](https://www.verdantix.com/vantage/report/market-size-and-forecast--governance--risk---compliance-software-2025-2031-global?utm_source=openai))

Supplier disclosures offer a more concrete, although narrower, view of purchasing activity.

### What do disclosed customer and contract volumes show?

| Indicator | Reported observation and period | Important limitation |
|---|---|---|
| Workiva customer base | **6,750 customers at 30 June 2026**, up **283** year on year; approximately **4.4% growth**, calculated from the disclosed counts | Company-wide customers, not US GRC-only deployments. |
| Workiva larger contracts | **2,690 customers above $100,000 ACV; 656 above $300,000; 276 above $500,000**, at 30 June 2026 | These are **nested**, not additive, thresholds. |
| Workiva contract expansion | Those cohorts grew **20%, 34% and 33%**, respectively, year on year | Growth in large accounts is not the same as new-logo growth. |
| Workiva revenue | **$255m in Q2 2026**, up **19%** year on year | Portfolio revenue, not a standalone enterprise GRC market measure. |

**Source for all Workiva figures: financial results published 4 August 2026.** The company also reported **111% net retention**, a measure that includes both solution and pricing changes. ([investor.workiva.com](https://investor.workiva.com/news-releases/news-release-details/workiva-announces-second-quarter-2026-financial-results))

**Interpretation:** this example supports distinguishing customer acquisition from expansion and pricing. Net customer additions do not disclose gross wins, implementation completions or replacement projects. ([investor.workiva.com](https://investor.workiva.com/news-releases/news-release-details/workiva-announces-second-quarter-2026-financial-results))

In an adjacent category, **Fortune reported Vanta reaching $300m ARR on 29 April 2026**. ([fortune.com](https://fortune.com/2026/04/29/exclusive-vanta-arr-300-million-sequoia-shadow-ai-claude-cursor/))

For market modelling, keep recurring-revenue run-rates, recognised revenue, customer counts and contract counts in separate columns. Do not divide a broad market estimate by a pooled average contract value to claim a national installation count.

**Unresolved:** this research did not establish an authoritative annual count of US enterprise GRC purchases, completed implementations or incumbent replacements.